Market Summary

Elwood, Will County, IL

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Median Home Price Price

$303,585 $303.6K

Median Monthly Rent Rent

$1,466 $1.5K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Will County

Region Price Rent GRM Display
$282,152 $1,707 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Will County

Region Price Rent GRM Display
$270,610 $1,851 12.0x
$292,418 $1,352 18.0x
$286,140 $1,485 16.0x
$310,568 $2,295 11.0x
$233,064 $1,551 13.0x
$284,670 $1,861 13.0x
$281,975 $1,879 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$419,931 $1,412 25.0x
$333,315 $1,685 17.0x
$362,893 $1,532 20.0x
$599,419 $2,939 17.0x
$277,087 $1,389 17.0x
$281,402 $1,048 22.0x
$685,675 $1,442 39.0x
$287,517 $1,186 20.0x
$203,363 $1,189 14.0x
$274,543 $1,212 19.0x
$521,947 $1,463 30.0x
$681,882 $2,899 20.0x
$454,445 $1,506 25.0x
$298,109 $1,027 24.0x
$237,220 $1,483 13.0x
$351,154 $1,389 21.0x
$268,939 $1,390 16.0x
$452,188 $2,107 18.0x
$393,068 $1,375 24.0x
$361,947 $1,466 21.0x
$496,259 $2,543 16.0x
$341,438 $1,366 21.0x
$392,498 $1,399 23.0x
$297,450 $1,531 16.0x
$192,148 $1,221 13.0x
$277,943 $1,470 16.0x
$222,043 $1,131 16.0x
$569,120 $1,444 33.0x
$248,721 $1,314 16.0x
$754,715 $3,254 19.0x
$212,206 $1,513 12.0x
$471,856 $1,906 21.0x
$440,266 $1,415 26.0x

Home prices

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Monthly rent

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GRM

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Elwood

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Trend Insights

Median Rent in Elwood, IL is $1,466, with MoM change +$14 and YoY change +$104 pointing to positive momentum while volatility is low (std $26).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Elwood, IL.

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Metric
Base market Elwood, IL
Compare market Select a market
Delta vs base
Median rent
$1,466
N/A
Median price
$303,585
N/A
YoY change
+$104
N/A
Price-to-rent
17.3x
Data unavailable
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